Frequently Asked Questions

Do I need experience to get a Fix & Flip loan? While we love working with seasoned pros, we also have programs for first-time flippers. If it's your first deal, we may require a slightly higher down payment or a licensed General Contractor to oversee the project.

What is "LTC" vs "LTV"?

• LTC (Loan-to-Cost): The percentage of the total project cost (purchase + reno) we will fund.

• LTV (Loan-to-Value): The percentage of the final, renovated value we are willing to lend against. We typically cap this at 75% of the ARV.

How do the renovation "draws" work? We hold the renovation funds in an escrow account. As you complete portions of the work (e.g., "Kitchen Complete" or "Roof Finished"), you request a draw. We send an inspector to verify the work, and the funds are wired directly to you.

Can I use this loan for a "Wholetail" or minor cosmetic flip? Yes! Whether you are doing a full "gut rehab" or just a quick "paint and carpet" refresh, our flexible terms can be tailored to your strategy.